Say on Pay Results as of October 1

So far 2,408 companies have held Say on Pay votes in 2012.

• On average, companies have received
  • 89% ‘For’ vote
  • 9% ‘Against’ vote
  • 2% Abstentions
• 57 companies have failed with an average 62% ‘Against’ vote
  • 4 companies have failed both this year’s and last year’s votes
    • Hercules Offshore, Inc.
    • Kilroy Realty Corp.
    • Nabors Industries Ltd.
    • Tutor Perini Corp.
  • One company, Insite Vision, Inc., received more ‘For’ than ‘Against’ votes, but the company did not approve the proposal (less than 49% ‘For’ votes)

Say on Pay Voting Results as of October 1, 2012